The Rambus Recovery Could Be for Real
Memory chips play a vital role in the semiconductor space, ensuring that data gets stored reliably and accurately. Given the voracious appetite that artificial intelligence applications have for data, it's crucial that memory chips be able to transmit and share their information as quickly as possible.
The technology behind making that happen has been what Rambus (NASDAQ: RMBS) has focused its efforts on in recent years, and the semiconductor technology specialist has done a good job of turning its innovation into rising sales and profits. In this second article of a three-part series on Rambus, you'll learn more about the company's financial performance and what has investors excited enough about its prospects that they've sent its shares to new record heights.
Image source: Getty Images.
Source Fool.com
Rambus Inc. Stock
With 17 Buy predictions and not the single Sell prediction the community is currently very high on Rambus Inc..
As a result the target price of 108 € shows a slightly positive potential of 19.23% compared to the current price of 90.58 € for Rambus Inc..
